The Fort Worth Press - Pressure piles on new French government from day one

USD -
AED 3.672904
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 912.000205
ARS 998.187341
AUD 1.54681
AWG 1.795
AZN 1.699915
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.857551
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.40854
CDF 2865.000289
CHF 0.88849
CLF 0.035528
CLP 975.269072
CNY 7.232497
CNH 7.238275
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.98011
DJF 178.606989
DKK 7.07951
DOP 60.43336
DZD 133.184771
EGP 49.34435
ERN 15
ETB 121.465364
EUR 0.94915
FJD 2.27595
FKP 0.789317
GBP 0.79254
GEL 2.735018
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 71.000379
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.786475
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.154498
IDR 15898.3
ILS 3.72799
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.499662
ISK 137.650046
JEP 0.789317
JMD 159.290693
JOD 0.709096
JPY 154.382984
KES 129.894268
KGS 86.499912
KHR 4051.965293
KMF 466.575013
KPW 899.999621
KRW 1395.924959
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210138
MVR 15.45003
MWK 1739.225262
MXN 20.353475
MYR 4.470502
MZN 63.901748
NAD 18.247689
NGN 1665.819778
NIO 36.906737
NOK 11.093415
NPR 134.832867
NZD 1.704579
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731497
PKR 278.485894
PLN 4.10247
PYG 7826.086957
QAR 3.656441
RON 4.72391
RSD 110.944953
RUB 99.964122
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.839885
SDG 601.500271
SEK 10.98281
SGD 1.342055
SHP 0.789317
SLE 22.603065
SLL 20969.504736
SOS 573.230288
SRD 35.315501
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.786005
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.342099
TRY 34.470335
TTD 6.810488
TWD 32.476799
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.032899
XAU 0.000389
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875006
ZAR 18.16622
ZMK 9001.200902
ZMW 27.537812
ZWL 321.999592
  • BCC

    -0.2600

    140.09

    -0.19%

  • BTI

    0.9000

    36.39

    +2.47%

  • RIO

    0.5500

    60.98

    +0.9%

  • GSK

    -0.6509

    33.35

    -1.95%

  • SCS

    -0.0400

    13.23

    -0.3%

  • CMSC

    0.0200

    24.57

    +0.08%

  • CMSD

    0.0822

    24.44

    +0.34%

  • RBGPF

    61.8400

    61.84

    +100%

  • NGG

    0.3800

    62.75

    +0.61%

  • BP

    -0.0700

    28.98

    -0.24%

  • JRI

    0.0235

    13.1

    +0.18%

  • VOD

    0.0900

    8.77

    +1.03%

  • RELX

    -1.5000

    44.45

    -3.37%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BCE

    -0.0200

    26.82

    -0.07%

Pressure piles on new French government from day one
Pressure piles on new French government from day one / Photo: © POOL/AFP

Pressure piles on new French government from day one

French Prime Minister Michel Barnier's hard-won new government faced instant challenges Sunday as threats of a no-confidence motion in parliament multiplied.

Text size:

The head of government is also under intense pressure to fix France's fragile financial position, saying a "national effort" was needed to do so.

The long wait for a functioning government after President Emmanuel Macron called a snap general election ended after 11 weeks late Saturday with his appointment of a cabinet marking a clear shift to the right.

Left-wing opponents said they will challenge Barnier's government with a no-confidence motion as early as next month, with far-right politicians also slamming its composition.

In the July election, a left-wing alliance called the New Popular Front won the most parliamentary seats of any political bloc, but not enough for an overall majority.

Veteran far-right leader Marine Le Pen meanwhile saw her National Rally emerge as the single largest party in the National Assembly.

Macron had argued that the left was unable to muster enough support to form a government that would not immediately be brought down in parliament, and rejected a National Rally candidate over the party's extremist legacy.

- 'Greatest possible cohesion' -

He turned instead to Barnier to lead a government drawing on parliamentary support mostly from Macron's allies, as well as from the conservative Republicans and centrist groups.

In a TV appearance late Sunday Barnier called for "the greatest possible cohesion" within the government, and for a willingness to find "compromise".

Far-left leader Jean-Luc Melenchon has called the new lineup "a government of the general election losers", saying France should "get rid" of it "as soon as possible".

Thousands of people took to the streets of Paris and other French cities Saturday in a left-wing protest to denounce what they called a denial of July's election results.

Socialist Party chairman Olivier Faure called Barnier's cabinet the "most right-wing government of the Fifth Republic".

Macron had been counting on a neutral stance from the far right, but National Rally leader Jordan Bardella said the new government had "no future whatsoever".

While Macron's allies had to relinquish some key ministries, they still got 12 portfolios out of the total 39.

"This is not a new government, it's a reshuffle," quipped Communist party leader Fabien Roussel.

- 'Painful measures' -

Former French president Francois Hollande, a Socialist, said the new government would inflict "painful measures on our fellow citizens".

He said a no-confidence motion was "a good solution".

To pass, such a motion needs an absolute majority in parliament, which would then force the government to step down immediately -- currently an unlikely scenario as the far right and the leftist bloc, sworn enemies, would have to vote in unison.

Faure said the Socialists were planning to bring a no-confidence vote on October 1 after Barnier's general policy speech to parliament scheduled for that day.

But he acknowledged that "it will probably fail" in the absence of support from the National Rally, which has said it will wait before making any move against the government.

The first major test for Barnier, best known internationally for leading the European Union's Brexit negotiations with Britain, will be to submit a 2025 budget plan addressing France's precarious financial situation, which he called "very serious".

In the interview late Sunday, Barnier called for a "national effort" to cut deficits, but ruled out across-the-board tax rises.

High earners would have to "do their bit", he said, but ruled out income tax rises for low and middle-income earners who, he said, already bore "the highest tax burden among EU partners".

France has been placed on a formal procedure for violating European Union budgetary rules and needs to show it is making a serious effort at financial recovery.

The difficult job of submitting a budget plan to parliament next month falls to 33-year-old Antoine Armand, the new finance minister, and Budget Minister Laurent de Saint-Martin who has already said that "strong choices" would have to be made.

 

Defence Minister Sebastien Lecornu, a close Macron ally, has kept his job.

burs-jh/imm

G.George--TFWP